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Wind Farm

China's Goldwind Explores Investment Opportunities in Spain's Wind Power Market

The Spanish government has been offering incentives to invest in renewable energy as part of its commitment to the Sustainable Development Goals of the UN 2030 …

Offshore Wind Power

Capital Energy Puts 1,500 MW of Wind Power Up for Sale in Spain

Capital Energy has put up for sale a portfolio of more than 1,500 megawatts (MW) of wind projects in an advanced stage of development in Spain.These projects, w…

Geothermal Power Project

Geothermal Energy in Belize's Clean Energy Future

Belize, a small country located on the northeastern coast of Central America, is making significant strides towards a clean energy future. The nation is known f…

Oil Price

Kuwait Petroleum Corporation Posts Net Profit of $8.5 Billion in Last Fiscal Year

Kuwait Petroleum Corporation and its subsidiaries posted a net profit of more than 2.6 billion Kuwaiti dinars ($8.48 billion) in the last fiscal year, the highe…

Renewable Energy

Capital Energy to Sell $1 Billion Renewable Energy Portfolio, Sources Say

Power-generating windmill turbines are pictured at a wind park in the Serra da Capelada, near Ferrol, Galicia, Spain April 13, 2023. REUTERS/Nacho Doce/File Pho…

Offshore Wind Power

Rte Issues Uxo Survey Services Call for Wind Projects Offshore France

French transmission system operator Réseau de Transport d’Electricité (RTE) has issued a contract notice seeking contractors to perform unex…

Offshore Wind Power

Vattenfall Has Stopped Development of Its 1.4 GW Norfolk Boreas Offshore Wind Project in the UK

The Norfolk Boreas project was awarded a 15-year Contract for Difference (CfD) in UK AR4 last year at £37.35/ MWh (real 2012) and positioned to take FID i…

Natural Gas

Eni’s Profit Cut Nearly in Half but Progress Made on Enlarging Natural Gas Portion of Global Portfolio

Italy’s energy giant Eni has revealed solid performance in the second quarter and the first half of 2023, despite its results being affected by a steep dr…

LNG

BP and OMV Ink Long-Term LNG Supply Agreement

UK-headquartered energy major BP and Austria’s integrated oil and gas company OMV have signed a long-term sale and purchase agreement (SPA) for the supply…

Oil & Gas Trade

Sunak Backs New UK Oil and Gas Exploration

LONDON, July 29, 2023 (BSS/AFP) - Prime Minister Rishi Sunak has backed plans to permit new fossil fuel exploration off Britain's coast, as he pledged to be…

Coal Trade

Global Coal Demand Set to Remain at Record Levels in 2023

Global coal consumption climbed to a new all-time high in 2022 and will stay near that record level this year as strong growth in Asia for both power generation…

Nuclear Power Plant (NPP)

UK Government to Invest Us$219M Into Nuclear Power

This new nuclear power station would help deliver the government’s ambition for up to 24GW of the UK’s power to come from nuclear sources by 2050 &n…

Wind Turbine

Vortex Bladeless Reinvents the Wind Energy Power Solution

Vortex's Atlantis Model. Credit | VortexSpanish energy company Vortex Bladeless is developing a new wind power generating technology without blades, gears o…

Oil & Gas Trade

NPCC Lands $219M Adnoc Offshore Epc Project Contract

National Petroleum Construction Company (NPCC) has announced that it has received a letter of award from Abu Dhabi National Oil Company (Adnoc) Offshore for a c…

Electric Vehicles

Vinfast Gets the Green Light for Us Listing as It Breaks Ground on Its First Us EV Plant

Vietnamese EV maker VinFast announced Friday it’s planning to hold its US listing next month. The US Securities and Exchange Commission (SEC) gave VinFast…